Amazons shares fell yesterday as they offered a cautious revenue forecast for the next period and the key Xmas buying quarter. They also reported earnings for the 3rd quarter below expectations.
It also looks like Amazon's margins are taking a toll from their free/fixed shipping promotions.
I can't help wondering if Amazon are feeling greater comptetive pain now from a healthier Yahoo and an increasingly aggressive Ebay. With Google set to launch more and more into commerce as well, it is hard to be quite so bullish on Amazon going forwards.
But, Bezos is driving forwards as always and ramming through a much needed set of new technologies and features, including getting Amazon more and more into music, book and video downloading. This seems a no-brainer - but they'll have to move fast!
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